Amid all of the justifiable concern about underfunded public pension systems, most recently in Alaska, it's easy not to notice that some places appear to ...
According to statistics compiled (free registration required) by the National Association of State Retirement Administrators and the National Council on Teacher Retirement, a number of plans actually have surpluses, instead of the billion-dollar unfunded liabilities you often hear about. The Florida Retirement System ($7.6 billion surplus) and the North Carolina Teachers and State Employees system ($3.6 billion surplus) are among the big winners.
Two questions for which I don't have an answer: Is it possible that these numbers are misleading and these systems aren't as healthy as they appear? And, if not, what makes them different from all the places that are struggling?
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
Why Some States Are Charging Taxpayers to Pay Health Insurance Companies5 hours ago
Texas Voter ID Law Goes to Court5 hours ago
Record Amounts of Cash Going into 2014 State Races6 hours ago
States Making Long-Term Birth Control More Accessible7 hours ago
The Top 5 States Most Likely to Expand Medicaid Next7 hours ago
Different States Have Implemented DACA Very Differently8 hours ago